Indian mobile operator, Reliance Communications, has denied reports that it is in talks with English Premier League club, Newcastle United, according to Reuters.
UK media reports had said that Newcastle’s owner Mike Ashley was in talks with Reliance Communications Chairman, Anil Ambani, over a £260 million takeover of the club.
In a statement to the press, however, Reliance said: "The news report is completely false and baseless. There are no such plans”.
Mike Ashley, also controls about 70 per cent of Britain’s biggest sporting goods retailer, Sports Direct.
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